The Republic of Velm is a very large, cultured nation, notable for its lack of airports, irreverence towards religion, and devotion to social welfare. The compassionate population of 221 million Velmians are fiercely patriotic and enjoy great social equality; they tend to view other, more capitalist countries as somewhat immoral and corrupt.

The medium-sized government juggles the competing demands of Administration, Education, and Welfare. The average income tax rate is 48.9%, but much higher for the wealthy.

The sizeable but underdeveloped Velmian economy, worth 9.53 trillion ritrs a year, is broadly diversified and led by the Cheese Exports industry, with major contributions from Book Publishing, Door-to-door Insurance Sales, and Retail. State-owned companies are common. Average income is 43,114 ritrs, and distributed extremely evenly, with little difference between the richest and poorest citizens.

The government is spending serious cheddar protecting sewer rats, citizens who plan overseas vacations are barred from running for political office, Bigtopian interference in domestic elections is always democratically sanctioned, and signs at the border tell international drivers where they can put their cars. Crime is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. Velm's national animal is the wolf, which frolics freely in the nation's many lush forests.

Velm is ranked 81,340^th in the world and 53^rd in The Kodiak Republic for Largest Insurance Industry, scoring 2,672.89 on the Risk Expulsion Effectiveness Rating.